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CONTEMPORARY CHALLENGES OF EXTREME MANAGEMENT FROM THE POINT OF VIEW OF DECISION MAKING

Authors

Ebralidze Alexandre, Kurashvili Guguli

Rubric:Management
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Annotation

. In the extreme and unpredictable course of events, the usage of new methods and approaches to management decisions becomes crucial, and the permanent use of extreme management (extreme management) approaches becomes an urgent necessity - ensuring the company's advance readiness for expected changes, and immediate response to emerging extreme conditions. For this purpose, several important principles of quick decision-making and effective management of the organization have been elaborated in the paper, the use of which will improve the management of the company under extreme management conditions. Specific methods of extreme decision-making, recommendations for holding a meeting, and quantitative-probabilistic methodology of risk assessment are elaborated.

Keywords

Extreme management
risk
management decision
management triad
intuition
systematic creative thinking.

Authors

Ebralidze Alexandre, Kurashvili Guguli

References:

  1. Doug De Carlo. Extreme Project Management. Using Leadership, Principles, and Tools to Deliver Value in the Face of Volatility. Published by Jossey-Bass. 2004.
  2. Ebralidze A., Some aspects of the effectiveness of qualitative methods of managerial decision-making. "Government and Society" # 4 (60), 2021
  3. Kurashvili G., Baratashvili I. Creative management. 2021.
  4. Ebralidze A., Making a decision to start a business and common mistake. Inter-national Scientific Conference "Global Challenges of the World" 2022, May 2
  5. Otinashvili R., Vanishvili M., Competitive Strategy in Business // The world of science and innovation. Abstracts of the 4th International scientific and practical conference. Cognum Publishing House. London, United Kingdom. 2020. – P. 127–133.
  6. Kurashvili G., Abralava T., Creative education - a necessity of the twenty-first century.AUTHORITY AND SOCIETY – 2022”, XVI International Scientific Conference, 2022, October 27-28.

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